W’Bank backs tariff, subsidy reforms in Nigeria’s power sector

W’Bank backs tariff, subsidy reforms in Nigeria’s power sector

The World Bank will support Nigeria's power sector reforms, focusing on electricity tariff and subsidy frameworks to restore financial sustainability and i

$2.45bn Power Shortfall: World Bank Backs Tariff, Subsidy Reforms

The World Bank Group has thrown its weight behind reforms to Nigeria’s electricity tariff and subsidy frameworks, as the country’s power sector grapples with an estimated $2.45bn tariff shortfall. The World Bank disclosed this in its Country Partnership Framework for the Federal Republic of Nigeria covering the 2026–2032 fiscal period. The development finance institution said […] $2.45bn Power Shortfall: World Bank Backs Tariff, Subsidy Reforms …

World Bank Backs Nigeria’s Electricity Tariff, Subsidy Reforms To Fix Power Sector - TV360 Nigeria

Development lender says tariff shortfalls reached $2.45bn in 2025 as over 86 million Nigerians remain without electricity access…. The World Bank Group is set to support reforms to Nigeria’s electricity tariff and subsidy systems as part of a broader effort to address the financial crisis in the power sector and create a more sustainable electricity …